Date
Details
Price
Change
Source
7/31/2025
Sold
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$175,000
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Property Description
Legal triplex with strong cash flow potential! This property includes two one-bedroom front units, each currently rented at $825/month, and a spacious four-bedroom upstairs unit that is currently vacant and ready for occupancy. Ideal for both investors and owner-occupants, it offers immediate income with room for future upside. The upstairs four-bedroom unit has been recently updated with new vinyl flooring and additional improvements throughout. A new furnace was installed in 2025, and the two front units share a large 50-gallon hot water tank, installed in 2021. All units are separately metered for electric, with shared heat and hot water for the front units. Whether you're expanding your portfolio or seeking a house hacking opportunity, this triplex offers flexibility and value.
Full Property Details
Full Property Details for 407 Idaho Ave
General
- Sold For: $175,000
- Taxes: $2,220 (2024)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5135004
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: On Site, On Street
Location
- County: Lorain
- Township: Lorain
- Subdivision: C A Sturrevants Fairhome
- Driving Directions: From I-90, take Exit 145 for OH-2 W toward Lorain, continue on OH-254 W/Detroit Road for about 2 miles, turn left onto Idaho Avenue, and 407 Idaho Avenue will be on the left just past 4th Street.
- Direction Faces: West
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,940
- Living Area: 2,940 Sq. Ft.
- Finished Above Grnd: 2,940 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: .15
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,220.82
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: FAIRHOME FRNT 0050.00 DPTH 0132.00
- Property ID: 02-00-051-116-002
Listed by Progressive Urban Real Estate Co, Oliver Moreau
Sold by Reafco, Remington Lyman
Listing agent
— 407 Idaho Ave —
Oliver Moreau
Progressive Urban Real Estate Co
omoreau@progressiveurban.com, 216-536-8535
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 407 Idaho Ave
School District:Lorain City School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School, Lorain, OH 610 West 20th Street, Lorain, OH 44052 | K-6 | 1.4 mi |
Longfellow Middle School 305 Louisiana Avenue, Lorain, OH 44052 | 7-8 | 0.5 mi |
Lorain High School 2600 Ashland Avenue, Lorain, OH 44052 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 407 Idaho Ave
407 Idaho Avenue, Lorain, OH 44052 (MLS# 5135004) is a Triplex property that was sold at $175,000 on July 31, 2025. Want to learn more about 407 Idaho Avenue? Do you have questions about finding other Triplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.